Sila Solutions Group 401(K) Profit Sharing Plan — Form 5500 plan (Sila Solutions Group)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Sila Solutions Group 401(K) Profit Sharing Plan is a benefit plan reported by Sila Solutions Group under EIN 20-1131549 and plan number 001. The latest loaded filing year is 2023. The filing reports 189 participants and $19,357,743 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sila Solutions Group
- EIN
- 20-1131549
- Plan number
- 001
- Plan type
- 2
- Location
- Great Falls, VA
- Latest filing year
- 2023
- Participants
- 189
- End-of-year plan assets
- $19,357,743
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 189 | H, C | 20241108142705NAL0011669169001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,357,743
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,357,743
- Net assets (BOY)
- $15,434,993
Income & contributions
- Employer contributions
- $306,641
- Participant contributions
- $916,229
- Total contributions
- $2,004,623
- Total income / additions
- $5,158,078
Expenses & distributions
- Benefits paid
- $1,177,606
- Administrative expenses
- $57,722
- Total expenses
- $1,235,328
- Net increase / (decrease)
- $3,922,750
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial Corporation | INV ADVISORY - PLAN | $5,228 | $21,165 | 2023 |
| Global Retirement Partners LLC | INV ADVISORY - PLAN | $17,351 | not reported in the loaded dataset | 2023 |
| Transamerica Ret. Solutions LLC | RECORDKEEPER | $14,607 | $0 | 2023 |
| Kaiser Scherer & Schlegel | AUDIT | $13,905 | not reported in the loaded dataset | 2023 |
| Mesirow Financial, Inc. | INV ADVISORY - PLAN | $1,882 | not reported in the loaded dataset | 2023 |
| Creative Retirement Systems, Inc. | RECORDKEEPER/TPA | $650 | $507 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sila Solutions Group
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Great Falls, VA
- Lpl Financial Corporation — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation
- Transamerica Ret. Solutions LLC — Schedule C compensation
- Kaiser Scherer & Schlegel — Schedule C compensation
- Mesirow Financial, Inc. — Schedule C compensation
- Creative Retirement Systems, Inc. — Schedule C compensation